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Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.
With the ever-increasing awareness on human rights and sustainability it has become part of our due diligence requirements to not only evaluate suppliers against the classic areas as per Carter’s 10 Cs but also against their ethics in the supply chain. Do you have an ethical sourcing procurement policy?
Steve Schooner, Jeffery & Martha Kohn associate dean for Academic Affairs and Nash & Cibinic professor of Government Procurement Law at The George Washington University Law School , joines Off the Shelf for a wide-ranging discussion focusing on green acquisition and the role of sustainability policy in the federal procurement market.
Our FAR Part 3 course offers valuable insights to help you maintain ethical standards and compliance in your contracting endeavors. Understanding the Importance of Ethics in Government Contracting Ethical conduct is the cornerstone of successful government contracting. Learn more about our Ethics Training courses 2.
Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In the past, the main focus for most companies was profit, but more and more companies now understand and value ethical procurement. In this post, we explore what ethical procurement means and why it is so important.
.” – Kym Kent | Co-Founder and Director | Extend Homeschool Tutorial Embrace Sustainable Procurement Practices Sustainability has become a key consideration for many organizations.
With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.
Finding the right sustainability certification solution for your brand or business can be a challenge! We break down the steps to getting the best sustainability certification so that you can be sure you are getting the biggest return on your investment in ecolabels while also reducing your impact on the planet!
A new element of the NPPS, as compared with previous versions, is the focus on ensuring suppliers uphold the highest standards of integrity, ethical conduct and environmental sustainability in business. This aligns with the stronger sanctions in the Act relating to performance, exclusions, and debarment.
Contributing Author: Anushka Musinipally Wayfair’s Shop Sustainably program presents an opportunity to showcase sustainable home goods products to eco-conscious consumers, increasing the chances that they will be viewed by customers. You can learn more about selling with Wayfair here. Wayfair uses just such a filter.
The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .
Executives responsible for environmental, social and governance aspects play a critical role in ensuring their organization is operating sustainably and ethically, while also creating long-term value for stakeholders. They may work to develop and implement sustainability strategies, slash [.]
Inter-Personal Conduct and Ethics For the first parallel panel of the early afternoon session, moderator Abby Cohen Smutny was joined by speakers Funke Adekoya , Brandon Bang , Nicolás Gálvez Solis , Matthew Gearing KC and Jonathan Lim to discuss ICCA’s Guidelines on Standards of Practice.
Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Recommendation: Partner with suppliers who prioritize sustainability.
In today’s rapidly changing world, sustainability has emerged as a critical factor for businesses seeking to thrive and make a positive impact. To demonstrate their commitment to sustainable practices, many organizations are turning to certifications and ecolabels.
That means that when we deploy and build something, it has to be sustainable.” To assess AI uses and whether they’re needed, the officials also said the agency is looking to its AI Ethics Council, which has been around for several years.
The following is an installment in Crowell & Moring’s 2023 Bid Protest Sustain of the Month Series. All through 2023, Crowell’s Government Contracts Practice will keep you up to date with a summary of the most notable bid protest sustain decision each month. B‑421740, B-421740.2, B‑421740, B-421740.2, In Guidehouse, Inc. ,
Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. There is a growing trend among consumers for responsible sourcing or ethical sourcing. Responsible sourcing requires a shift in thinking and priorities.
The opportunity is around being able to leverage these regional initiatives and organizations to improve the corporation’s overall image, community engagement, and ethical spending as well as strengthening their global supply chain. Ethical Spend Toolset.
ESG (Environmental, Social and Governance) is increasingly important and consumers are looking for their products or services to be green, clean and sustainable. Ensuring that the ingredients, components and labour are ethically sourced and recycled if possible is important. What is ESG?
Finally, ensure you act ethically and sustainably at all times. Challenge yourself as to whether any of the errors are actually related to the fact that the specification given with the RFQ or purchase order was ambiguous. Yes, things change but constantly moving your needs will make you seem a less attractive buying organisation.
We will continue to promote the use of sustainability tools and Climate Literacy training uptake across the sector. Together, we can achieve ambitious goals and usher in a sustainable tomorrow for all. This commitment extends to their procurement and supply chain management, which is a vital part of sector activity.
Sustainability Focus: Many social value frameworks incorporate environmental sustainability, such as reducing carbon footprints or promoting green practices through supply chains. It also aligns with global goals like reducing greenhouse gas emissions and promoting sustainable development.
Unsurprisingly, sustainability is the top priority, with 67% of respondents actively measuring CSR performance. However, only 33% have defined official sustainable policies and targets. Social and ethical priorities are close behind but still lag. This is followed by a lack of systems to enable effective, scalable collaboration.
Global governments and businesses are now recognizing diversity programs as an effective “ethical” mechanism to increase community engagement and correct systemic issues or historic inequality. However, the ethical justification is no longer the totality of the value proposition. Building Business Cases and Momentum.
This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. Ethical and competitive procurement system must be grounded on the key principles of public procurement, namely transparency, value for money, fairness.
Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions. It also provides transparency which encourages compliance with regulatory frameworks and positive ethical procurement practices.
For our MAS Basic Training: The Nuts & Bolts , a one-day training workshop that taught the basics of the General Services Administration (GSA) Multiple Award Schedule (MAS) program, I specifically want to thank the following: Alex Barbee-Garrett and Liam O’Reilly of Crowell & Moring for their presentation on The GSA Schedules Program: An Entry (..)
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. This course is designed for professionals who have significant Schedule contracting experience or are a contract attorney.
A global pandemic, water shortages, wildfires, deadly floods across the globe, and labor & human rights issues have propelled sustainability into the spotlight. . Organizations are investing sustainability and diversity concepts into their business processes, and they are committed to the success of these programs.
Our presenters for the day will be Jason Workmaster , Member, Miller & Chevalier Chartered; Liam O’Reilly , Counsel, Crowell & Moring LLP; and Alex Barbee-Garrett , Counsel, Crowell & Moring LLP. This course is designed for professionals who have significant Schedule contracting experience or are a contract attorney.
An attractive account is one that pays on time, communicates well, promotes innovation, builds trust, is ethically aware, forward thinking, environmentally friendly and sustainability focused. As a buying organisation if we spend a lot of money with a supplier and we are an attractive account we will be positioned as core.
These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability. Aligning procurement objectives with sustainability targets, contracting authorities stimulate innovation and establish more resilient supply chains. What Are Framework Agreements?
Ultimately, if done well, a LEAN approach can significantly contribute to a company’s bottom line helping to generate more profit as well as playing a key part in an ethical, sustainable and environmentally friendly approach to business.
KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value.
These include faster co-innovation with suppliers, working with sustainable and ethical suppliers and empowering employees — all of which will lead to increased business agility. . Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.
And two federal employees at the departments of Veterans Affairs and Commerce’s Census Bureau submitted an idea to translate ethical artificial intelligence principles into technical steps by developing processes to assess AI at every level, from inception to development, production and continuous performance evaluation.
ESG and the sustainable supply chain is also important within the procurement process. . For Amrest, sustainability is central to their mission and vision. By having conversations with our suppliers upfront, Amrest can filter sustainable and ethical suppliers during the onboarding process to meet their needs. .
Inter-Personal Conduct and Ethics For the first parallel panel of the early afternoon session, moderator Abby Cohen Smutny was joined by speakers Funke Adekoya , Brandon Bang , Nicolás Gálvez Solis , Matthew Gearing KC and Jonathan Lim to discuss ICCA’s Guidelines on Standards of Practice.
In these instances, tradeoffs have been made, such as impeding carbon emissions reduction progress through the use of less sustainable products or carbon intensive transportation options. To properly assess risk, reduce carbon emissions and avoid ethics violations, leaders must map and assess the multi-tier supply chain.
As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.
Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. A lack of technology to enable supplier collaboration was identified as the top obstacle to improving sustainability and top 3 for improving innovation. Map your Sub – tier.
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